RCM Technologies Inc.

11/12/2026 | Press release | Distributed by Public on 11/12/2026 06:01

Proxy Statement (Form DEF 14A)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. )

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Filed by a Party other than the Registrant ☐

Check the appropriate box:

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Preliminary Proxy Statement

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Definitive Proxy Statement

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Definitive Additional Materials

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Soliciting Material under §240.14a-12

RCM TECHNOLOGIES, INC.

(Name of Registrant as Specified In Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Copies to:

Payment of Filing Fee (Check all boxes that apply):

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No fee required.

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Fee paid previously with preliminary materials

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Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11

RCM Technologies, Inc.

Tel: 856.356.4500

2500 McClellan Avenue

Fax: 856.356.4600

Pennsauken, NJ 08109

www.rcmt.com

NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
TO BE HELD DECEMBER 17, 2026

To Our Stockholders:

The RCM Technologies, Inc. 2026 Annual Meeting of Stockholders will be held on Thursday, December 17, 2026, at 4:00 p.m. Eastern Time. This year's annual meeting will be held via live webcast on the Internet. You will be able to attend, vote, and submit your questions during the live webcast of the meeting by visiting https://edge.media-server.com/mmc/p/mtq658ov and entering the password: rcm2026.

The purposes of the meeting are to:

1.

Elect four directors to hold office until the Annual Meeting of Stockholders to be held in 2027 and until their successors are duly elected and qualified;

2.

Ratify our Audit Committee's selection of WithumSmith+Brown, PC as our independent accountants for our fiscal year ending January 2, 2027;

3.

Conduct an advisory vote to approve the compensation of our named executive officers for 2025; and

4.

Transact such other business as may properly come before the meeting or any adjournment(s) of the meeting.

We have fixed October 21, 2026 as the record date for determining the stockholders entitled to vote at the meeting. You are not entitled to notice of, or to vote at, the meeting if you were not a stockholder of record at the close of business on that date.

You are cordially invited to attend the meeting (on a virtual basis, which will be the only means of attending this year's meeting). Whether or not you expect to attend the meeting, please sign, date and promptly return the enclosed proxy to ensure that your shares will be represented at the meeting. The enclosed envelope requires no postage if mailed within the United States. Most of our stockholders hold their shares in "street name" through brokers, banks and other nominees and may choose to vote their shares by telephone instead of using the enclosed proxy card. If you wish to vote by telephone, please follow the instructions on your proxy card. If you attend the meeting, you may revoke your proxy and vote in person.

By Order of the Board of Directors,

Kevin D. Miller
Secretary

Pennsauken, New Jersey
November 12, 2026

RCM TECHNOLOGIES, INC.

2500 McClellan Avenue
Suite 350
Pennsauken, New Jersey 08109

PROXY STATEMENT

ANNUAL MEETING OF STOCKHOLDERS

DECEMBER 17, 2026

About this Proxy Statement

Our Board of Directors is soliciting proxies to be used at our 2026 Annual Meeting of Stockholders. The meeting will be a virtual meeting on Thursday, December 17, 2026, at 4:00 p.m. Eastern Time. This proxy statement, the notice of annual meeting and the form of proxy will be mailed to stockholders beginning on or about November 12, 2026.

VOTING PROCEDURES

Who Can Vote

Only RCM common stockholders at the close of business on the record date, October 21, 2026, may vote at the annual meeting. You are entitled to cast one vote for each share of RCM common stock that you owned as of the close of business on the record date. At the close of business on the record date, there were 7,131,213 shares of RCM common stock outstanding.

How You Can Vote

You can vote by:

•

marking your proxy card, dating and signing it, and returning it in the postage-paid envelope we have provided,

•

phoning in your vote using the information provided on your voting form, or

•

attending the meeting and voting on line during the meeting; registered holders and beneficial owners with shares held in street name (held in the name of a broker or other nominee) may vote online at the meeting by visiting the following Internet website: https://edge.media-server.com/mmc/p/mtq658ov, entering password: rcm2026, and providing the 11-digit control number included in the notice of annual meeting, on their proxy card or on the instructions that accompanied the proxy materials. Beneficial owners with shares held in street name must obtain a legal proxy from their broker or other nominee to vote online at the meeting.

VOTING PROCEDURES (CONTINUED)

How You Can Revoke Your Proxy or Change Your Vote

You can revoke your proxy at any time before it is voted on at the meeting by:

•

sending a written notice that you have revoked your proxy to our Secretary, Kevin D. Miller, at 2500 McClellan Avenue, Suite 350, Pennsauken, New Jersey 08109-4613,

•

submitting a later-dated proxy card, or

•

attending the meeting and voting online in accordance with the process set forth above.

If a bank, broker, or other holder of record holds your shares in its name, you must obtain a proxy card executed in your favor from the holder of record to be able to vote your shares at the meeting.

General Information on Voting

A quorum must exist for voting to take place at the meeting. A quorum exists if holders of a majority of the outstanding shares of our common stock are present in person or represented by proxy at the meeting.

Director nominees are elected by a majority vote, meaning that a nominee for director is elected only if he or she receives the affirmative vote of a majority of the total votes cast for and against such nominees. All other matters to be voted upon at the meeting must be approved by a majority of the votes cast on those matters.

Shares represented by a proxy marked "abstain" on any matter will be considered present at the meeting for purposes of determining whether there is a quorum but will not be considered as votes cast on that matter. Shares represented by a proxy as to which there is a "broker non-vote" (that is, where a broker holding your shares in "street" or "nominee" name indicates to us on a proxy that you have given the broker the discretionary authority to vote your shares on some but not all matters), will be considered present at the meeting for purposes of determining a quorum but will not be considered as votes cast on matters as to which there is a "broker non-vote." Abstentions and "broker non-votes" will therefore have no effect on the outcome of any vote taken at the meeting.

Shares that have been properly voted and not revoked will be voted at the meeting in accordance with the instructions on your proxy card. If you sign your proxy card but do not mark your choices, Bradley S. Vizi or Kevin D. Miller, the people named on the enclosed proxy card, will vote the shares represented by your proxy card:

●

FOR the people we nominated for election as directors (Proposal No. 1);

●

FOR the ratification of our Audit Committee's selection of WithumSmith+Brown, PC as our independent accountants for our fiscal year ending January 2, 2027 (Proposal No. 2); and

●

FOR approval of an advisory resolution approving the compensation of our named executive officers for 2025 (Proposal No. 3).

If any other matters are properly presented at the meeting for consideration, Mr. Vizi and Mr. Miller will have the discretion to vote on those matters for you. Currently, we are not aware of any such matters.

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VOTING PROCEDURES (CONTINUED)

Costs of Solicitation

We will pay for the preparation, assembly, and mailing of this proxy statement. Our directors, officers, and employees may solicit proxies through mail, direct communication, or otherwise. None of our directors, officers, or employees will receive additional compensation for soliciting proxies. We may reimburse brokerage firms and other custodians, nominees or fiduciaries for their reasonable expenses for forwarding proxy and solicitation materials to stockholders.

Instructions to Attend the Meeting

Record Holders: If you were a holder of record of common stock of RCM at the close of business on October 21, 2026 (i.e. your shares are held in your own name in the records of RCM's transfer agent, Equiniti Trust Company, LLC ("Equiniti"), you can attend the meeting by visiting https://edge.media-server.com/mmc/p/mtq658ov and entering the 11-digit control number previously provided to you in your proxy materials. The password for the virtual meeting is rcm2026. If you are a shareholder of record and you have misplaced your 11-digit control number, please call Equiniti toll free at (800) 937-5449 or directly at (718) 921-8124.

Beneficial Owners: If you were a beneficial owner of common stock of RCM at the close of business on October 21, 2026 (i.e. you hold your shares in "street name" through an intermediary, such as a bank, broker or other nominee), you must register in advance in order to attend the meeting. To register, please obtain a legal proxy from the bank, broker or other nominee that is the record holder of your shares and then submit the legal proxy, along with your name and email address, to Equiniti to receive an 11-digit control number that may be used to access the virtual meeting site provided above. Any control number that was previously provided with your proxy materials, likely a 16-digit number, will not provide access to the virtual meeting site. Requests for registration and submission of legal proxies should be labeled as "Legal Proxy" and must be received by Equiniti no later than 5:00 p.m. Eastern time on December 6, 2026. All such requests should be submitted (1) by email to [email protected], (2) by facsimile to (718) 765-8730 or (3) by mail to Equiniti Trust Company, LLC, Attn: Proxy Tabulation Department, 48 Wall Street, Floor 23, New York, NY 10005. Obtaining a legal proxy may take several days and shareholders are advised to register as far in advance as possible. Once you have obtained your 11-digit control number from Equiniti, please follow the steps set forth above for shareholders of record to attend the meeting.

Attending the Meeting as a Guest: Guests may attend the meeting in "listen-only" mode by visiting https://edge.media-server.com/mmc/p/mtq658ov and entering the information requested in the "Guest Login" section. Guests will not be able to vote or ask questions at the meeting.

Important Notice Regarding the Availability of

Proxy Materials for the Annual Meeting of Stockholders to be Held on December 17, 2026

This proxy statement and our 2025 annual report to stockholders are available at

www.eqproxyportal.com/08117/annual

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SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS,
DIRECTORS AND MANAGEMENT

Security Ownership of Certain Beneficial Owners

The following table lists the persons we know to be beneficial owners of at least five percent of our common stock as of November 4, 2026.

Name and Address of Beneficial Owner

Number

of Shares

Approximate
Percentage
of Outstanding
Common Stock (1)

Ben Andrews(2)

535,048 7.4%

P. O. Box 357303

Gainesville, FL 32635

Renaissance Technologies LLC(3)

485,473 6.8%

800 Third Avenue

New York, NY 10022

(1)

Based on 7,131,213 shares outstanding as of November 4, 2026.

(2)

Based on the Schedule 13G filed with the Commission on January 4, 2024. The filing states that Mr. Andrews exercises sole voting and dispositive power over all such shares.

(3)

Based on Amendment No. 8 to Schedule 13G filed with the Commission on February 13, 2025. The filing states that Renaissance Technologies LLC has sole voting and dispositive power over all such shares.

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Security Ownership of Management

The following table lists the number of shares of our common stock beneficially owned, as of November 4, 2026, by each director and director nominee, each of our executive officers, certain members of our senior management, and by our directors and executive officers as a group. In general, beneficial ownership includes those shares a person has the power to vote or transfer, as well as shares owned by immediate family members who live with that person.

Name

Number

of Shares

Approximate
Percentage
of Outstanding
Common Stock (1)

Bradley S. Vizi(2)

1,352,477 18.8 %

Chigozie O. Amadi(3)

15,453 *

Swarna Srinivas Kakodkar(3)

58,773 *

Jayanth S. Komarneni(3)

63,665 *

Kevin D. Miller

300,000 4.2 %

Michael Saks

70,968 1.0 %

All directors and executive officers as a group (6 persons)

1,861,336 25.9 %

*

Represents less than one percent of our outstanding common stock.

(1)

Based on 7,131,213 shares outstanding as of November 4, 2026.

(2)

Includes 50,000 shares that will vest on January 2, 2027.

(3)

Includes 2,207 shares that will vest on December 17, 2026.

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PROPOSAL 1


ELECTION OF DIRECTORS

Stockholders are being asked to elect four (4) directors at the Annual Meeting, each to serve until his or her successor is duly elected at the 2026 annual meeting and qualified. Your Board has nominated for election as director Bradley S. Vizi, Chigozie O. Amadi, Swarna Srinivas Kakodkar and Jayanth S. Komarneni.

Ms. Srinivas Kakodkar and Messrs. Vizi, Amadi and Komarneni have consented to serve a term on our Board of Directors, and the persons named as proxy holders on the enclosed proxy card, Mr. Vizi and Mr. Miller, intend to vote FOR the election of Ms. Srinivas Kakodkar and Messrs. Vizi, Amadi and Komarneni unless you mark a contrary instruction on your proxy card. Unless you indicate otherwise on your proxy card, if any of Ms. Srinivas Kakodkar or Messrs. Vizi, Amadi and Komarneni is unable to serve as a director at the time of the Annual Meeting, Mr. Vizi or Mr. Miller will vote FOR the election of another person that the Board may nominate in their place.

Set forth below are brief descriptions of the nominees for election as director and of the continuing directors. The descriptions for the directors set forth the experience, qualifications, attributes and skills that have led the Board's Nominating & Corporate Governance Committee and the Board to conclude that these individuals should serve as directors.

OUR BOARD OF DIRECTORS RECOMMENDS A VOTE FOR THE ELECTION OF BRADLEY S. VIZI, CHIGOZIE O. AMADI, SWARNA SRINIVAS KAKODKAR AND JAYANTH S. KOMARNENI AS MEMBERS OF OUR BOARD OF DIRECTORS.

Nominees for Election as Directors

Bradley S. Vizi, Director since 2013, age 42

Mr. Vizi has served as our Executive Chairman & President since June 2018. Previously, Mr. Vizi served as our Chairman of the Board since September 2015 and a board member since December 2013. From February 2016 to June 2022, Mr. Vizi served as a member of the Board of Directors at L.B. Foster (NASDAQ: FSTR), a leading manufacturer, fabricator, and distributor of products and services for the rail, construction, energy and utility markets with locations in North America and Europe. Mr. Vizi founded Legion Partners, Inc. in 2010 and Legion Partners Asset Management, LLC in 2012, where he served as Managing Director and Portfolio Manager until October 2017. From 2007 to 2010, Mr. Vizi was an investment professional at Shamrock Capital Advisors, Inc. ("Shamrock"), the alternative investment vehicle of the Disney family. Prior to Shamrock, from 2006 to 2007, Mr. Vizi was an investment professional with the private equity group at Kayne Anderson Capital Advisors L.P. Mr. Vizi is a CFA charterholder and graduated from the Wharton School at the University of Pennsylvania.

Mr. Vizi's significant public company experience is particularly valuable in strategy, operations, capital allocation, compensation planning, corporate governance, and marketing the Company to the investment community.

Chigozie O. Amadi, Director since 2022, age 42

Mr. Amadi has served as the Chief Financial Officer for The Siegel Group since October 2019, a conglomerate of private companies focused on investments and the management of real estate and food and beverage businesses. Mr. Amadi leads the departments of accounting, finance, payroll, acquisitions, and dispositions. Before his current role, Mr. Amadi previously served as Director of Real Estate Investments for The Siegel Group. Mr. Amadi also worked for Wells Fargo & Company, providing secured and unsecured financing to REITs and private real estate firms. Mr. Amadi holds a J.D. from

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Nominees for Election as Directors (Continued)

Loyola Law School and a B.A. from the University of Pennsylvania and is an active member of the California Bar.

Mr. Amadi's extensive experience overseeing the preparation and aggregation of financial performance across multiple companies, in addition to supervising the audits and the financial professionals responsible for those audits, and his legal acumen allow him to make valuable contributions to all the Company's business segments.

Swarna Srinivas Kakodkar, Director since 2019, age 43

Ms. Kakodkar is a seasoned technology executive with over 15 years of experience building organizations that develop high-impact software to serve enterprises, developers, and consumers. Ms. Kakodkar currently leads a product management organization at Google. She previously led product and technical teams at Amazon Web Services, where she launched services that have touched millions of users. Prior to that, she held various roles at Facebook, where she oversaw the development of digital advertising products and global partnerships with some of Facebook's largest customers. Prior to joining Facebook, Ms. Kakodkar worked at AOL Platforms, where she developed capital allocation strategies, managed M&A activity, and built technology partnership programs. She chairs our Compensation Committee, serves on our Audit Committee, and serves on our Nominating/Governance Committee. She holds an MBA from Harvard Business School and a B.A. from Harvard College.

Ms. Kakodkar's extensive experience in digital marketing, financial modeling, enterprise software, implementation of new technologies, and management and retention of diverse employee groups, allow her to make valuable contributions to all the Company's business segments.

Jayanth S. Komarneni, Director since 2020, age 43

Mr. Komarneni is the founder and chair of the Human Diagnosis Project ('Human Dx'), an open medical intelligence system. Human Dx has brought together top medical organizations (including the American Medical Association, the American Board of Medical Specialties, and the National Association of Community Health Centers), health systems (including research collaborations with Harvard, Johns Hopkins, UCSF, Stanford, and Kaiser Permanente), and financial supporters (including the European Union, the MacArthur Foundation, the Gordon & Betty Moore Foundation, Union Square Ventures, and Andreessen Horowitz). Before founding Human Dx, Mr. Komarneni advised leadership at some of the world's preeminent organizations while working at McKinsey & Company and Bain & Company. Mr. Komarneni's work spanned stakeholders in the social, public, and private sectors, including foundations, governments, companies (in the life sciences, health care, technology, energy, and financial services industries), and alternative investment firms. After McKinsey and Bain, he helped launch and operate Greenoaks Capital Management, a global alternative investment firm, as its first employee. Mr. Komarneni also participated in Y Combinator, the world's leading technology accelerator. Mr. Komarneni holds degrees including an MSc in Global Health Science from the University of Oxford, an MBA from the Wharton School, and an M.S. in Biotechnology from the School of Engineering and Applied Science at the University of Pennsylvania.

Mr. Komarneni's prior background founding, advising, and working at leading organizations in the technology, healthcare, investment, professional services, and life sciences industries helps contribute across RCM's diverse business segments from strategic and operational perspectives.

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OUR EXECUTIVE OFFICERS

The following table lists our executive officers. Our Board elects our executive officers annually for terms of one year and may remove any of our executive officers with or without cause.

Name

Age

Position

Bradley S. Vizi

42

Executive Chairman & President

Kevin D. Miller

60

Chief Financial Officer, Treasurer and Secretary

Michael Saks

70

Division President, Health Care Services

Bradley S. Vizi. See above.

Kevin D. Miller has served as our Chief Financial Officer, Secretary and Treasurer since October 2008. From July 1997 until September 2008, he was Senior Vice President of RCM. From 1996 until July 1997, Mr. Miller served as an Associate in the corporate finance department of Legg Mason Wood Walker, Incorporated. From 1995 to 1996, Mr. Miller was a business consultant for the Wharton Small Business Development Center. Mr. Miller previously served as a member of both the audit and corporate finance groups at Ernst & Young LLP. Mr. Miller has a Bachelor of Science in Accounting from The University of Delaware and an MBA with a concentration in Finance from the Wharton School at The University of Pennsylvania.

Michael Saks has served as our Division President of Health Care Services since June 2018. From May 2007 to June 2018, he was the Senior Vice President and General Manager of our Health Care Services Division. From January 1994 until May 2007, he was the Vice President and GM of our Health Care Services Division. Prior to joining RCM, Mr. Saks served as a corporate executive at MS Executive Resources, MA Management, and Group 4 Executive Search. Mr. Saks has over 32 years of executive management, sales, and recruiting experience. Mr. Saks has a Bachelor of Science in Accounting and Finance from Fairleigh Dickinson University.

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EXECUTIVE COMPENSATION

The Compensation Committee of the Board has responsibility for establishing, implementing and continually monitoring adherence with the Company's compensation philosophy. The Compensation Committee seeks to ensure that the total compensation paid to the executives is fair, reasonable and competitive. Generally, the types of compensation and benefits provided to our executives, including the named executive officers, are similar to those provided to other executive officers. Our named executive officers for the year ended January 3, 2026 (fiscal 2025) are Messrs. Vizi, Miller and Saks.

In addition to referring herein to fiscal 2025, we also refer to our fiscal year ended December 28, 2024 (fiscal 2024).

As part of our ongoing efforts to better align our leadership, corporate governance structure and compensation methodologies with the interests and perspectives of our stockholders, members of our Board of Directors and management team periodically speak with many of our more significant stockholders. Mindful of the input of these stockholders and motivated by our commitment to the implementation of best practices in corporate governance and compensation, the Compensation Committee and our Board have undertaken over the last several years a series of efforts with respect to compensation reform, including the following steps:

●

Limiting executive severance cash pay-outs to no more than 24 months' base salary and bonus;

●

Prohibiting tax gross-ups in all future employment agreements;

●

Requiring future employment agreements to contain a "double trigger" with respect to executive change-in-control payments; and

●

Adopting an incentive payment claw-back policy for named executive officers.

On April 1, 2025, the Compensation Committee granted Mr. Vizi, under the Company's 2014 Omnibus Equity Compensation Plan (the "2014 Plan"), a maximum of 62,500 performance stock units ("PSUs"). The number of PSUs to ultimately be earned and vested was to be determined based on the level of achievement with respect to established levels of EBITDA during a performance period beginning on December 29, 2024, and ending on January 3, 2026. On April 8, 2026, the Compensation Committee approved the award of 41,766 shares under this agreement. In accordance with applicable regulations of the Commission, the value of these PSUs as of their grant date is included in the Summary Compensation Table for fiscal year 2025, since the grant date occurred during that year.

On April 1, 2025, the Compensation Committee granted Mr. Miller, under the Company's 2014 Plan, a maximum of 18,703 PSUs. The number of PSUs to ultimately be earned and vested was to be determined based on the level of achievement with respect to established levels of EBITDA during a performance period beginning on December 29, 2024, and ending on January 3, 2026. On August 13, 2026, the Compensation Committee determined that no shares were earned. In accordance with applicable regulations of the Commission, the value of these PSUs as of their grant date is included in the Summary Compensation Table for fiscal year 2025, since the grant date occurred during that year.

On May 6, 2025, the Compensation Committee granted Mr. Saks, under the Company's 2014 Plan, a maximum of 2,904 PSUs. The number of PSUs to ultimately be earned and vested was to be determined based on the level of achievement with respect to established levels of EBITDA during a performance period beginning on December 29, 2024, and ending on January 3, 2026. On August 13, 2026, the Compensation Committee determined that 2,904 shares were earned. In accordance with applicable regulations of the Commission, the value of these PSUs as of their grant date is included in the Summary Compensation Table for fiscal year 2025, since the grant date occurred during that year.

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EXECUTIVE COMPENSATION (CONTINUED)

On March 8, 2024, the Compensation Committee granted Mr. Vizi, under the Company's 2014 Omnibus Equity Compensation Plan (the "2014 Plan"), a maximum of 50,000 performance stock units ("PSUs"). The number of PSUs to ultimately be earned and vested was to be determined based on the level of achievement with respect to established levels of EBITDA during a performance period beginning on December 31, 2023, and ending on December 28, 2024. These levels were not achieved; thus, no shares were earned under this grant. However, in accordance with applicable regulations of the Commission, the value of these PSUs as of their grant date is included in the Summary Compensation Table for fiscal year 2024, since the grant date occurred during that year.

On February 16, 2024, the Compensation Committee granted Mr. Vizi, under the 2014 Plan, a target amount of 250,000 PSUs, allocated in four equal tranches over a four-year period. The number of PSUs that will ultimately be earned and vested shall be determined based on the level of achievement with respect to certain individual performance goals established by the Compensation Committee, with 25% of such PSUs to vest with respect to achievement measured on an annual basis as to each of the Company's 2024, 2025, 2026 and 2027 fiscal years. Threshold, target and maximum levels of performance have been established, with the following number of PSUs to be earned in each fiscal year with respect to the level of achievement during such fiscal year: threshold - 25,000; target - 50,000; maximum - 62,500. The grant is subject to accelerated vesting in the event of a Change in Control (as defined in the 2014 Plan), or termination because of death or disability, prior to the end of any applicable performance period. For fiscal year 2024, Mr. Vizi earned 62,500 shares. In accordance with applicable regulations of the Commission, the value of the entire target grant of RSUs is included in the Summary Compensation Table for fiscal year 2024, since the grant date occurred during that year.

On January 23, 2024, the Compensation Committee granted Mr. Saks under the 2014 Plan 2,668 restricted stock units ("RSUs"), valued at a total of $75,000 based on the closing price of the common stock on the Nasdaq Stock Market on the date of grant, to vest on January 23, 2029. In accordance with applicable regulations of the Commission, the value of these RSUs is included in the Summary Compensation Table for fiscal year 2024, since the grant date occurred during that year.

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EXECUTIVE COMPENSATION (CONTINUED)

Summary Compensation Table

The following table lists, for fiscal 2025 and fiscal 2024, cash and other compensation paid to, or accrued by us, for our chief executive officer, our chief financial officer and our other executive officer serving as of January 3, 2026, in accordance with Item 402(a)(3)(iv) of Regulation S-K.

Name and

Principal Position

Year

Salary

Bonus

Stock

Awards (1)

Non-Equity

Incentive Plan

Compensation

All Other

Compensation (2)

Total

Bradley S. Vizi

2025

$ 475,000 $ - $ 1,002,250 $ - $ 6,462 $ 1,483,962

Executive Chairman & President

2024

$ 475,000 $ - $ 7,250,000 $ - $ 6,221 $ 7,731,221

Kevin Miller

2025

$ 370,000 $ - $ 299,996 $ - $ 23,295 $ 693,231

Chief Financial Officer

2024

$ 370,000 $ - $ - $ - $ 22,197 $ 392,197

Michael Saks

2025

$ 300,000 $ - $ 50,007 $ - $ 15,569 $ 365,576

Division President,

2024

$ 300,000 $ - $ 75,000 $ - $ 14,896 $ 389,896

Health Care Services

____________

(1)

These amounts are based upon the grant date fair value of the option awards calculated in accordance with ASC Topic 718. The assumptions used in determining the amounts in the column are set forth in Note 11 to our consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended January 3, 2026 filed with the Commission.

With respect to Mr. Vizi, these amounts represent the following:

a.

For 2025, the value given to the April 1, 2025 PSU grant is $1,002,500, which is the grant date fair value of all 62,500 shares that may vest under the award. Under this PSU award, 41,766 shares vested on April 8, 2026.

b.

For 2024, the value given to the February 16, 2024 PSU grant is $7,250,000, which is the grant date fair value of all 250,000 shares that may vest under the award. This PSU award may vest up to 62,500 shares each year for four years. Under this PSU award, 62,500 shares vested on each of February 5, 2025, and April 8, 2026.

With respect to Mr. Miller, these amounts represent the following:

a.

For 2025, the value given to the April 1, 2025 PSU grant is $299,996, which is the grant date fair value of all 18,703 shares that could have vested under the award. On August 13, 2026, the Compensation Committee determined that no shares were earned.

With respect to Mr. Saks, these amounts represent the following:

a.

For 2025, the value given to the May 6, 2025 PSU grant is $50,007, which is the grant date fair value of all 2,904 shares that may vest under the award. On August 13, 2026, the Compensation Committee determined that 2,904 shares were earned.

b.

For 2024, the value given to the January 23, 2024 time-based grant is $75,000, which is the grant date fair value of the award of the 2,668 shares that may vest in five years from the date of the grant.

(2)

These amounts primarily represent premiums paid for medical, life and disability insurance on each of the officers named in this table, as follows: 2025, Messrs. Vizi, Miller and Saks, $6,462, $23,235 and $15,569, respectively; and 2024, Messrs. Vizi, Miller and Saks, $6,221, $22,197 and $14,896, respectively.

(3)

The summary compensation table included in the Amendment No. 1 to the Company's Annual Report on Form 10-K for the year ended January 3, 2026 indicated that Mr. Saks received a $120,000 bonus for fiscal 2025. That amount was not in fact awarded.

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EXECUTIVE COMPENSATION (CONTINUED)

During our 2025 and 2024 fiscal years, certain of the officers named in this table may have received personal benefits not reflected in the amounts of their respective annual salaries or bonuses. The dollar amount of these benefits did not, for any individual in any fiscal year, exceed $10,000.

Outstanding Equity Awards at Fiscal Year-End

The following table sets forth information concerning unvested restricted share units as of January 3, 2026. No options to purchase common stock were outstanding on such date.

Number of

Shares or

Units of

Stock

That Have

Market Value of

Shares or

Units of

Stock

That Have

Equity

Incentive

Plan Awards:

Number of

Unearned

Shares,

Units or

Other Rights

That Have

Equity

Incentive

Plan Awards:

Market or

Payout Value

of Unearned

Shares,

Units or

Other Rights

That Have

Name

Not Vested

Not Vested(1)

Not Vested

Not Vested

Bradley S. Vizi(2)

350,000 $ 6,951,000 - -

Kevin Miller(3)

18,703 $ 371,442 - -

Michael Saks(4)

18,079 $ 359,949 - -

(1)

Calculated by multiplying the number of shares in the preceding column by $19.86, the closing price per share of the Company's common stock on January 3, 2026, the last trading day of our last fiscal year.

(2)

Mr. Vizi's shares include the following: a) 62,500 target shares from the PSU grant dated April 1, 2025 (41,766 of which vested in fiscal 2026); b) 187,500 shares from the February 16, 2024 PSU grant, the maximum number of shares eligible to vest with respect to the 2025, 2026 and 2027 fiscal years (62,500 of which vested in fiscal 2026 with respect to the 2025 fiscal year); and c) 100,000 time-based restricted stock units (RSUs) remaining from a grant received on January 1, 2023, which will vest in two equal installments on January 1, 2027 and January 1, 2028.

(3)

Mr. Miller's shares include 18,703 target shares from the PSU grant dated April 1, 2025. On August 13, 2026, the Compensation Committee determined that none of such shares were earned.

(4)

Mr. Saks shares include the following: a) 2,904 target shares from the PSU grant dated May 6, 2025 (on August 13, 2026, the Compensation Committee determined that 2,904 shares were earned); b) 2,507 RSUs remaining from a grant received on June 23, 2023, 836 of which vested in fiscal 2026, and the remaining 1,671 of which will vest in two equal installments on June 23, 2027 and June 23, 2028; c) 10,000 RSUs granted in February 2022 that will vest in February 2027; and d) 2,668 RSUs granted in January 2024 that will vest in January 2029.

- 12 -

EXECUTIVE COMPENSATION (CONTINUED)

Compensation of Directors

Our employee directors do not receive any compensation for serving on our Board or its committees, other than the compensation they receive for serving as employees of RCM.

Non-employee members of the Board received compensation in accordance with the following structure, which was approved by our Compensation Committee on, and implemented effective, January 1, 2018:

●

Annual cash retainer of $45,000, payable in equal monthly installments.

●

No meeting fees.

●

Annual equity grants of $45,000, in the form of RSUs with 1-year vesting feature (subject to acceleration upon Change in Control or separation from service in the same manner as the RSU grants made in December 2017), with delivery of the shares of common stock underlying to such RSUs to be made upon vesting; provided that, except for sales of shares in an amount no greater than required to generate an amount equal to the income tax on such shares, non-employee directors shall be required to retain shares delivered upon vesting unless, immediately following any such sale, such director would comply with the Company's ownership guidelines.

●

Payment of the following additional annual retainers: Chairman of the Board (if independent) $25,000; Audit Committee chair $10,000; Compensation Committee chair $10,000; Nominating and Corporate Governance Committee chair $5,000.

●

No other committee fees, for service or for meetings.

The following table lists cash and other compensation paid to, or accrued by us for, our Board of Directors for our fiscal year ended January 3, 2026.

Non-Employee Director Compensation Table

Name and

Principal Position

Fees

Earned

Or Paid

In Cash

Equity

Awards (1)

All Other

Compensation

Total

Chigozie O. Amadi

$ 55,000 $ 45,000 - $ 100,000

Swarna Srinivas Kakodkar

$ 55,000 $ 45,000 - $ 100,000

Jayanth S. Komarneni

$ 50,000 $ 45,000 - $ 95,000

(1)

These amounts are based upon the grant date fair value of the option awards calculated in accordance with ASC Topic 718. The assumptions used in determining the amounts in the column are set forth in Note 11 to our consolidated financial statements in our Annual Report on Form 10-K for the fiscal year ended January 3, 2026 filed with the Commission. As of January 3, 2026, Mr. Amadi, Ms. Kakodkar and Mr. Komarneni each had 2,207 unvested equity awards outstanding.

- 13 -

EXECUTIVE COMPENSATION (CONTINUED)

Executive Severance Agreement and Change in Control Agreement

The Company is a party to an Executive Severance Agreement (the "Executive Severance Agreement") with each of Bradley S. Vizi, the Company's Executive Chairman and President (amended and restated as of March 12, 2025), and Kevin D. Miller, the Company's Chief Financial Officer (dated as of February 28, 2014, as amended), which set forth the terms and conditions of certain payments to be made by the Company to the executive in the event, while employed by the Company, such executive experiences (a) a termination of employment unrelated to a "Change in Control" (as defined therein) or (b) there occurs a Change in Control and either (i) the executive's employment is terminated for a reason related to the Change in Control or (ii) in the case of Mr. Miller, the executive remains continuously employed with the Company for a period of three months following the Change in Control.

Under the terms of the Executive Severance Agreement, if either (a) the executive is involuntarily terminated by the Company for any reason other than "Cause" (as defined therein), "Disability" (as defined therein) or death, or (b) the executive resigns for "Good Reason" (as defined therein), and, in each case, the termination is not a "Termination Related to a Change in Control" (as defined below), the executive will receive the following severance payments: (i) an amount equal to a multiple (for Mr. Vizi, 2.0 times; for Mr. Miller, 1.5 times) of the sum of (a) the executive's annual base salary as in effect immediately prior to the termination date (before taking into account any reduction that constitutes Good Reason) ("Annual Base Salary") and (b) the highest annual bonus paid to the executive in any of a specified number of fiscal years (for Mr. Vizi, five fiscal years or the amount that would be granted to him for the subsequent year, at target); for Mr. Miller, three fiscal years) immediately preceding the executive's termination date ("Bonus"), to be paid in installments over the twelve month period following the executive's termination date; and (ii) for a specified period of months (for Mr. Vizi, 24 months; for Mr. Miller, 18 months) following the executive's termination date, a monthly payment equal to the monthly COBRA premium that the executive is required to pay to continue medical, vision, and dental coverage, for himself and, where applicable, his spouse and eligible dependents.

Notwithstanding the above, if the executive has a termination as described above and can reasonably demonstrate that such termination would constitute a Termination Related to a Change in Control, and a Change in Control occurs within 120 days following the executive's termination date, the executive will be entitled to receive the payments set forth below for a Termination Related to a Change in Control, less any amounts already paid to the executive, upon consummation of the Change in Control.

Under the terms of the Executive Severance Agreement, if a Change in Control occurs and (a) the executive experiences a Termination Related to a Change in Control on account of (i) an involuntary termination by the Company for any reason other than Cause, death, or Disability, (ii) an involuntary termination by the Company within a specified period of time following a Change in Control (12 months for Mr. Vizi and three months for Mr. Miller) on account of Disability or death, or (iii) a resignation by the executive with Good Reason; or (b) in the case of Mr. Miller, the executive resigns, with or without Good Reason, which results in a termination date that is the last day of the three month period following the Change in Control, then the executive will receive the following severance payments: (1) a lump sum payment equal to a multiple (for Mr. Vizi, 2.99 times; for Mr. Miller, 2,0 times) of the sum of the executive's (a) Annual Base Salary and (b) Bonus; and (2) a lump sum payment equal to 24 multiplied by the monthly COBRA premium cost, as in effect immediately prior to the executive's termination date, for the executive to continue medical, dental and vision coverage, as applicable, in such Company plans for himself and, if applicable, his spouse and eligible dependents. Upon the occurrence of a Change in Control, the Company shall establish an irrevocable rabbi trust and contribute to the rabbi trust the applicable amounts due under the Executive Severance Agreement. If Mr. Miller receives the Change in Control Payment following his resignation at the end of the three month period following the Change in Control, he will not be eligible to receive any severance payments under his Executive Severance Agreement.

- 14 -

EXECUTIVE COMPENSATION (CONTINUED)

Executive Severance Agreements and Change in Control Agreements (Continued)

Mr. Saks, along with several other members of the Company's senior management (not including Mr. Vizi and Mr. Miller), is covered by our Change in Control Plan for Selected Executive Management (the "CIC Plan").

The CIC Plan sets forth the terms and conditions of severance and benefits to be provided to a covered employee in the event (a) the covered employee experiences a covered termination of employment after a "Potential Change in Control" (as defined in the CIC Plan), but prior to a "Change in Control" (as defined in the CIC Plan), and a Change in Control that relates to the Potential Change in Control occurs within the six month period following the covered employee's termination, or (b) the covered employee is employed by the Company on the date of a Change in Control. The CIC Plan also sets forth the terms and conditions of severance payments to be made to a covered employee in the event such employee is employed on the date of a Change in Control and is subsequently terminated on account of a covered termination during his "Designated Severance Period" (a period specified by the Company for each covered employee that is measured from the date of an applicable Change in Control, which is 18 months for Mr. Saks.

Under the terms of the CIC Plan, if a covered employee is (a) employed on the date of a Potential Change in Control, (b) terminated by the Company for a reason other than "Cause" (as defined in the CIC Plan), death, or disability, and (c) a Change in Control to which the Potential Change in Control relates occurs within the six month period following the covered employee's covered termination, the covered employee will receive, if the covered employee executes and does not revoke a release of claims, severance payments at the covered employee's annual base salary rate in regular payroll installments for the duration of the covered employee's Designated Severance Period. If the covered employee dies before receiving the entire amount that is owed, the remaining portion will be paid to the covered employee's estate. Severance payments will be discontinued if it is determined that the covered employee has engaged in any actions constituting Cause.

Under the terms of the CIC Plan, if a covered employee is employed on the date of a Change in Control and the covered employee executes and does not revoke a release of claims:

●

all outstanding Company equity-based awards granted to the covered employee prior to the date of the Change in Control will be immediately fully vested;

●

the Compensation Committee may, in its sole discretion, determine that the covered employee will receive a pro-rated annual bonus if (a) the Committee determines that the Change in Control is an asset sale with respect to an entity in which the covered employee is associated, (b) the covered employee's employment with the Company terminates in connection with such asset sale, and (c) the covered employee was eligible to participate in the Company's annual bonus plan at the time of the Change in Control; any such pro-rated annual bonus will be determined based on the level of achievement under the annual bonus plan at the time of the Change in Control; and

●

the Committee may, in its sole discretion, determine that the covered employee will receive a discretionary bonus upon a Change in Control.

Any bonuses paid under the CIC Plan upon a Change in Control will be paid in a single lump sum following the Change in Control.

- 15 -

EXECUTIVE COMPENSATION (CONTINUED)

Executive Severance Agreement and Change in Control Agreement (Continued)

Under the terms of the Plan, if a covered employee's employment with the "Employer" (as defined in the CIC Plan) is terminated during the covered employee's Designated Severance Period following the occurrence of a Change in Control (a) by the Employer for any reason other than Cause, death, or disability, or (b) by the covered employee for "Good Reason" (as defined in the CIC Plan), and the covered employee executes and does not revoke a release of claims, the Employer will continue to pay to the covered employee his annual base salary in regular payroll installments for the remainder of the covered employee's Designated Severance Period. A covered employee is not eligible for severance benefits from the Company after a Change in Control if the Change in Control is an asset sale with respect to the covered employee and the successor to the Company offers the covered employee employment with a level of compensation and benefits that in the aggregate are at least as favorable as the level of the covered employee's compensation and benefits with the Company prior to the Change in Control. If the covered employee dies before receiving the entire amount that is owed, the remaining portion will be paid to the covered employee's estate. Severance payments will be discontinued if the Employer determines that the covered employee has engaged in any actions constituting Cause.

- 16 -

Pay Versus Performance

In accordance with rules adopted by the Commission pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, we provide the following disclosure regarding executive compensation for our principal executive officer ("PEO") and Non-PEO NEOs and Company performance for the fiscal years listed below. The Compensation Committee did not consider the pay versus performance disclosure below in making its pay decisions for any of the years shown.

Average

Average

Value of Initial Fixed $100 Investment
Year

Summary Compensation

Table

Total

for PEO¹
($)

Compensation
Actually

Paid to

PEO¹˒²˒³
($)

Summary

Compensation

Table Total

for Non-PEO

NEOs1
($)

Compensation

Actually

Paid to

Non-PEO

NEOs1,2,3
($)

TSR
($)

Peer

Group

TSR
($)

Net

Income
($ Millions)

Adjusted

EBITDA⁵

($ Millions)

(a)

(b)

(c)

(d)

(e)

(f)

(g)

(h)

(i)

2025

$ 1,483,962 $ 195,462 $ 529,404 $ 542,482 $ 160.94 $ 118.87 $ 16,334 $ 30,743

2024

$ 7,731,221 $ 5,099,721 $ 391,047 $ 375,120 $ 187.76 $ 123.46 $ 13,327 $ 25,855

2023

$ 3,606,274 $ 8,445,149 $ 391,957 $ 537,480 $ 235.33 $ 112.66 $ 16,831 $ 29,257

1. Bradley S. Vizi was our PEO for each year presented. The individuals constituting the Non-PEO NEOs for each year presented are listed below.

2023

2024

2025

Kevin D. Miller

Kevin D. Miller

Kevin D. Miller

Michael Saks

Michael Saks

Michael Saks

2. The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company's NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.

- 17 -

Pay Versus Performance (Continued)

3. Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards column set forth in the Summary Compensation Table. Amounts in the Exclusion of Change in Pension Value column reflect the amounts attributable to the Change in Pension Value reported in the Summary Compensation Table. Amounts in the Inclusion of Pension Service Cost are based on the service cost for services rendered during the listed year.

Year

Summary

Compensation

Table Total

for PEO
($)

Exclusion

of Change

in Pension

Value for PEO
($)

Exclusion

of Stock

Awards

for PEO
($)

Inclusion of

Pension

Service Cost

for PEO
($)

Inclusion of

Equity Values for

PEO
($)

Compensation

Actually

Paid to PEO
($)

2025

$ 1,483,962 $ (1,002,250 ) $ (286,250 ) $ 195,462

2024

$ 7,731,221 $ (7,250,000 ) $ 4,618,500 $ 5,099,721

2023

$ 3,606,274 $ (3,125,000 ) $ 7,963,875 $ 8,445,149

Year

Average

Summary

Compensation

Table Total

for Non-PEO

NEOs
($)

Average

Exclusion of

Change in

Pension Value

for Non-PEO

NEOs
($)

Average

Exclusion of

Stock Awards

for Non-PEO

NEOs
($)

Average

Inclusion of

Pension Service

Cost for Non-

PEO NEOs
($)

Average

Inclusion of

Equity Values

for Non-PEO

NEOs
($)

Average

Compensation

Actually Paid to

Non-PEO NEOs
($)

2025

$ 529,404 $ (175,002 ) $ 188,080 $ 542,482

2024

$ 391,047 $ (37,500 ) $ 21,573 $ 375,120

2023

$ 391,957 $ (37,507 ) $ 183,030 $ 537,480
- 18 -

Pay Versus Performance (Continued)

The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:

Year

Year-End Fair

Value of Equity

Awards Granted

During Year That

Remained

Unvested as of Last

Day of Year for

PEO
($)

Change in Fair Value

from Last Day of

Prior Year to Last

Day of Year of

Unvested Equity

Awards for PEO
($)

Vesting-Date Fair

Value of Equity

Awards Granted

During Year that

Vested During Year

for PEO
($)

Change in Fair

Value from Last

Day of Prior Year

to Vesting Date of

Unvested Equity

Awards that Vested

During Year for

PEO
($)

Fair Value at Last

Day of Prior Year

of Equity Awards

Forfeited During

Year for PEO
($)

Value of Dividends or

Other Earnings Paid

on Equity Awards Not

Otherwise Included for

PEO
($)

Total - Inclusion of
Equity Values for

PEO
($)

2025

$ 1,241,250 $ (1,117,125 ) $ (410,375 ) $ (286,250 )

2024

$ 5,792,500 $ (1,174,000 ) $ - $ 4,618,500

2023

$ 7,260,000 $ 640,375 $ 63,500 $ 7,963,875

Year

Average Year-End

Fair Value of Equity

Awards Granted

During Year That

Remained Unvested

as of Last Day of

Year for Non-PEO

NEOs
($)

Average Change in

Fair Value from

Last Day of Prior

Year to Last Day of

Year of Unvested

Equity Awards for

Non-PEO NEOs
($)

Average Vesting-

Date Fair Value of

Equity Awards

Granted During

Year that Vested

During Year for

Non-PEO NEOs
($)

Average Change in

Fair Value from Last

Day of Prior Year to

Vesting Date of

Unvested Equity

Awards that Vested

During Year for Non-

PEO NEOs
($)

Average Fair Value

at Last Day of Prior

Year of Equity

Awards Forfeited

During Year for

Non-PEO NEOs
($)

Average Value of

Dividends or Other

Earnings Paid on

Equity Awards Not

Otherwise Included

for Non-PEO

NEOs
($)

Total - Average

Inclusion of
Equity Values for

Non-PEO NEOs
($)

2025

$ 214,558 $ (25,115 ) $ (1,363 ) $ 188,080

2024

$ 30,909 $ (9,812 ) $ 477  $ 21,574

2023

$ 60,679 $ 83,500 $ 38,850  $ 183,029

4. The Peer Group TSR set forth in this table utilizes the S&P Americas SmallCap Commercial and Professional Services Index. The comparison assumes $100 was invested for the period starting December 31, 2022, through the end of the listed year in the Company and in the S&P Americas SmallCap Commercial and Professional Services Index, respectively. Historical stock performance is not necessarily indicative of future stock performance.

5. We determined Adjusted EBITDA to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEO and Non-PEO NEOs in 2025. While we also determined this performance measure to have been the most important financial performance measure for years 2024 and 2023, we may determine a different financial performance measure to be the most important financial performance measure in future years.

- 19 -

Pay Versus Performance (Continued)

Description of Relationship Between PEO and

Non-PEO NEO Compensation Actually Paid and Company Total Shareholder Return ("TSR")

The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and the Company's cumulative TSR over the three most recently completed fiscal years.

- 20 -

Pay Versus Performance (Continued)

Description of Relationship Between PEO and

Non-PEO NEO Compensation Actually Paid and Net Income

The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and our Net Income during the three most recently completed fiscal years.

- 21 -

Pay Versus Performance (Continued)

Description of Relationship Between PEO and

Non-PEO NEO Compensation Actually Paid and Adjusted EBITDA

The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and our Adjusted EBITDA during the three most recently completed fiscal years.

- 22 -

Pay Versus Performance (Continued)

Description of Relationship Between Company TSR and Peer Group TSR

The following chart compares our cumulative TSR over the three most recently completed fiscal years to that of the S&P Americas SmallCap Commercial and Professional Services Index over the same period.

- 23 -

Pay Versus Performance (Continued)

Tabular List of Most Important Financial Performance Measures

The following table presents the financial performance measures that the Company considers to have been the most important in linking Compensation Actually Paid to our PEO and other NEOs for 2025 to Company performance. The measures in this table are not ranked.

Net Income

Adjusted EBITDA

- 24 -

CORPORATE GOVERNANCE MATTERS

Commitment to Best Practices. As discussed above with respect to executive compensation, RCM's leadership takes its fiduciary responsibility seriously and is similarly committed to the implementation of best practices in corporate governance. This has led to several developments in our corporate governance:

●

Communications with Stockholders: In an ongoing effort to better align its leadership, corporate governance structure and compensation methodologies with the interests and perspectives of its stockholders, during the last year members of our Board and management team have spoken with stockholders representing a majority of RCM's ownership.

●

Robust Stock Ownership Guidelines: Our Board has adopted robust stock ownership guidelines, which require covered persons to have a stock ownership position in the Company in an amount no less than the applicable multiple of their base salary, by increasing the applicable multiples. The revised multiples are:

o

Chief Executive Officer - 6.0 times

o

Chief Financial Officer - 6.0 times

o

Executive Vice President - 2.0 times

o

Group Senior Vice President (where covered) - 2.0 times

o

Senior Vice President (where covered) - 2.0 times

o

Non-Employee Director - 5.0 times

●

Succession Planning: Our Board has engaged in succession planning during the past year and has identified potential successors for all of our executive officers and for the leaders of each of the Company's major business units.

Board Independence. The Board of Directors has determined that Chigozie O. Amadi, Swarna Srinivas Kakodkar and Jayanth S. Komarneni are "independent directors" as defined in Marketplace Rule 4200(a)(15) of the NASDAQ Stock Market LLC. In this Proxy, these three directors are referred to individually as an "Independent Director" and collectively as the "Independent Directors."

Stockholder Communications with the Board. Stockholders may send communications to the Board of Directors in writing, addressed to the full Board of Directors, individual directors or a specific committee of the Board of Directors, care of Kevin D. Miller, Secretary, RCM Technologies, Inc., 2500 McClellan Avenue, Suite 350, Pennsauken, New Jersey 08109. In general, all stockholder communications sent to our Secretary for forwarding to the Board of Directors, or to specified Board members, will be forwarded in accordance with the sender's instructions. However, our Secretary reserves the right to not forward to Board members any abusive, threatening, or otherwise inappropriate materials.

Director Attendance at Annual Meetings. The Company encourages all the directors to attend the annual meeting of stockholders. The 2025 Annual Meeting of Stockholders was attended by all of our then-current directors.

- 25 -

CORPORATE GOVERNANCE MATTERS (CONTINUED)

Code of Conduct and Code of Ethics. We have adopted a Code of Conduct applicable to all of our directors, officers and employees. In addition, we have adopted a Code of Ethics, within the meaning of applicable Commission rules, applicable to our Chief Executive Officer, Chief Financial Officer and Controller. If we make any amendments to either of these Codes (other than technical, administrative, or other non-substantive amendments), or waive (explicitly or implicitly) any provision of the Code of Ethics to the benefit of our Chief Executive Officer, Chief Financial Officer or Controller, we will disclose the nature of the amendment or waiver, its effective date and to whom it applies in the investor relations portion of our website at www.rcmt.com (where our Code of Conduct and Code of Ethics are available), or in a report on Form 8-K that we file with the Commission.

Related Party Transaction Approval Policy. Our Code of Conduct mandates that officers and directors bring promptly to the attention of our Compliance Officer, currently our Chief Financial Officer, any transaction or series of transactions that may result in a conflict of interest between that person and the Company. Furthermore, our Audit Committee must review and approve any "related party" transaction as defined in Item 404(a) of Regulation S-K, promulgated by the Securities and Exchange Commission, before it is consummated. Following any disclosure to our Compliance Officer, the Compliance Officer will then typically review with the Chairman of our Audit Committee the relevant facts disclosed by the officer or director in question. After this review, the Chairman of the Audit Committee and the Compliance Officer determine whether the matter should be brought to the Audit Committee or the full Board of Directors for approval. In considering any such transaction, the Audit Committee or the Board of Directors, as the case may be, will consider various relevant factors, including, among others, the reasoning for the Company to engage in the transaction, whether the terms of the transaction are at arm's length and the overall fairness of the transaction to the Company. If a member of the Audit Committee or the Board is involved in the transaction, he or she will not participate in any of the discussions or decisions about the transaction. The transaction must be approved in advance whenever practicable, and if not practicable, must be ratified as promptly as practicable.

Risk Oversight by the Board. The role of our Board of Directors in our risk oversight process includes receiving regular reports from members of management on areas of material risk to us, including operational, financial, legal and strategic risks.

In particular, our Audit Committee is tasked pursuant to its charter to "discuss significant financial risk exposures and the steps management has taken to monitor, control and report such exposures." As appropriate, the Chairman of the Audit Committee reports to the full Board of Directors on the activities of the Audit Committee in this regard, allowing the Audit Committee and the full Board to coordinate their risk oversight activities.

As one component of our risk oversight and anti-fraud program, our Audit Committee has established complaint reporting procedures described under "Compliance Policy" in the "Investors" section of our website at www.rcmt.com. These procedures indicate how to submit complaints to our Audit Committee regarding concerns about our accounting practices, our adherence to financial policies and procedures, or our compliance with the Sarbanes-Oxley Act of 2002. Once received, grievances are reviewed by the Chairman of the Audit Committee for consideration.

- 26 -

CORPORATE GOVERNANCE MATTERS (CONTINUED)

Board Leadership Structure. Our governance documents provide the Board with flexibility to select the appropriate leadership structure for the Company. In making leadership structure determinations, the Board may consider many factors, including the specific needs of our business and what is in the best interests of our stockholders. Our Chairman, or our Lead Independent Director if our Chairman is not independent: (i) presides at all meetings of the Board including presiding at executive sessions of the Board (without management present) at every regularly scheduled Board meeting, (ii) serves as a liaison between the management and the independent directors, (iii) approves meeting agendas, time schedules and other information provided to the Board, and (iv) is available for direct communication and consultation with major stockholders upon request. On June 1, 2018, Mr. Vizi was appointed Executive Chairman and President. Ms. Kakodkar has been designated by the Company's independent directors to serve as a Lead Independent Director.

Compensation Committee Interlocks and Insider Participation. None of the members of our Compensation Committee were officers or employees of the Company or any of its subsidiaries during 2025, were formerly officers of the Company or any of its subsidiaries, or had any relationship with the Company since the beginning of 2025 that requires disclosure under Item 404 of Regulation S-K, nor have there been since the beginning of 2025 any compensation committee interlocks involving our directors and executive officers that require disclosure under Item 407 of Regulation S-K.

Insider Trading Policy

The Company has a Policy Statement - Insider Trading that governs transactions in our securities by our directors, officers and employees, and promotes compliance with the laws and rules applicable thereto. The Policy Statement - Insider Trading is filed with this Annual Report on Form 10-K as Exhibit 19.

- 27 -

BOARD MEETINGS AND COMMITTEES

Our Board of Directors has an Audit Committee, a Compensation Committee and a Nominating and Corporate Governance Committee, all of which are constituted entirely of independent directors. The committees report their actions to the full Board at the Board's next regular meeting. The following table shows on which of our Board's committees our directors serve as of November 12, 2026.

Our Board of Directors held five meetings in the fiscal year ended January 3, 2026. The Company does not have a specific written policy regarding attendance of directors at our annual meetings of stockholders, although board member attendance is strongly encouraged. Each of our directors serving during the last fiscal year attended at least 75% of the total number of meetings held by the Board and all committees on which the director served. At each meeting of the Board of Directors, an executive session was held only by the Independent Directors.

Committee

Board Member

Audit

Compensation

Nominating & Corporate

Governance

Bradley S. Vizi

Chigozie O. Amadi

X(1) X X

Swarna Srinivas Kakodkar

X X(1) X

Jayanth S. Komarneni

X X X(1)

(1)

Chair

- 28 -

BOARD MEETINGS AND COMMITTEES (CONTINUED)

General Duties of Each Committee

The general duties of each committee are as follows:

Audit Committee

The Board of Directors has adopted a written Audit Committee Charter. A copy of the Audit Committee Charter is posted on our website under "Investor Relations - Corporate Governance."

●

Reviews our financial and accounting practices, controls and results, reviews the scope and services of our auditors and appoints our independent auditors.

●

Met five times during our fiscal year ended January 3, 2026.

●

See "Report of the Audit Committee" below.

●

Review and approve related parties transactions.

Compensation Committee

The Board of Directors has adopted a written Compensation Committee Charter. A copy of the Compensation Committee Charter is posted on our website under "Investor Relations - Corporate Governance."

●

Determines the compensation of our officers and employees.

●

Administers our stock option plans.

●

Met one time during our fiscal year ended January 3, 2026.

Nominating & Corporate Governance Committee

The Board of Directors has adopted a written Nominating & Corporate Governance Committee Charter. A copy of the Nominating & Corporate Governance Committee Charter is posted on our website under "Investor Relations - Corporate Governance."

●

Oversees the Board's review and consideration of stockholder recommendations for Director candidates.

●

Oversees the Board's annual self-evaluation.

●

Met one time during our fiscal year ended January 3, 2026.

Independence of Committees

The Board of Directors has determined each member of the Audit Committee, the Compensation Committee and the Nominating & Corporate Governance Committee of the Board meets the independence requirements applicable to members of those committees as prescribed by the NASDAQ Stock Market, LLC, the Commission and the Internal Revenue Service. The Board of Directors has further determined that Chigozie O. Amadi, Chair of the Audit Committee, is an "audit committee financial expert" as such term is defined in Item 407(d)(5) of Regulation S-K promulgated by the Commission.

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BOARD MEETINGS AND COMMITTEES (CONTINUED)

Director Nominations

The Nominating & Corporate Governance Committee's charter does not include formal requirements for the nominating process. The Nominating & Corporate Governance Committee believes that candidates for director should meet certain minimum qualifications, including being able to read and understand financial statements, having substantial business experience, having high moral character and personal integrity, and having sufficient time to attend to their duties and responsibilities to RCM. Exceptional candidates who do not meet all of these criteria may still be considered. The Nominating & Corporate Governance Committee will also consider the potential director's independence, whether the member would be considered an "Audit Committee Financial Expert" as described in the applicable standards of the Commission, and the diversity that the potential director would add to the Board of Directors in terms of gender, ethnic background, and professional experience. With respect to their consideration of diversity of background, the Nominating & Corporate Governance Committee does not have a formal policy of assessing diversity with respect to any particular qualities or attributes.

The Nominating & Corporate Governance Committee identifies potential candidates through its members' networks of contacts, by soliciting recommendations from other directors or executive officers, major stockholders and, as appropriate, engaging search firms to identify and screen suitable director nominees. After the Nominating & Corporate Governance Committee has identified a potential candidate, publicly available information about the person is collected and reviewed. If the Nominating & Corporate Governance Committee decides to further pursue the potential candidate after this initial review, contact is made with the person. If the potential candidate expresses a willingness to serve on the Board of Directors, interviews are conducted with the potential candidate and additional information is requested. Candidates are chosen by a majority vote of the members of the Nominating & Corporate Governance Committee for recommendation to the Board of Directors.

The Nominating & Corporate Governance Committee will consider stockholder recommendations for director candidates on the same basis as other candidates, provided that the following procedures are followed in submitting recommendations. All such stockholder recommendations for the 2026 meeting of stockholders should be submitted in writing to the attention of Kevin D. Miller, Secretary, RCM Technologies, Inc., 2500 McClellan Avenue, Suite 350, Pennsauken, New Jersey 08109 no earlier than August 19, 2027 and no later than September 18, 2027 and should be accompanied by (i) the potential candidate's five-year employment history with employer names and a description of the employer's business, the candidate's experience with financial statements, and the candidate's other board membership(s); (ii) a written consent of the director candidate to stand for election if nominated by the Nominating & Corporate Governance Committee and approved by the Board of Directors, and to serve if elected by the stockholders; and (iii) proof of ownership of RCM's common stock by the person submitting the recommendation.

Communications with the Board

Stockholders may send communications to the Board of Directors in writing, addressed to the full Board of Directors, individual directors or a specific committee of the Board of Directors, in care of Kevin D. Miller, Secretary, RCM Technologies, Inc., 2500 McClellan Avenue, Suite 350, Pennsauken, New Jersey 08109. In general, all stockholder communications sent to our Secretary for forwarding to the Board of Directors or to specified Board members will be forwarded in accordance with the sender's instructions. However, our Secretary reserves the right not to forward any personally abusive, threatening or otherwise inappropriate materials.

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PROPOSAL 2

RATIFICATION OF THE SELECTION OF INDEPENDENT ACCOUNTANTS

Our Audit Committee has selected WithumSmith+Brown, PC ("Withum") to act in the capacity of independent accountants for the current fiscal year ending January 2, 2027. Withum acted as our independent public accountant with respect to our audited financial statements as of and for the fiscal years ended December 28, 2024, and December 30, 2023. EisnerAmper LLP ("EisnerAmper") acted as our independent public accountant with respect to our audited financial statements as of and for the fiscal year ended January 3, 2026.

As previously disclosed in our Current Report on Form 8-K filed with the SEC on May 4, 2026 (the "8-K"), in April 2026, the Audit Committee determined to change the Company's independent public accountant for the fiscal year ending January 2, 2027, from EisnerAmper to Withum, and approved the engagement of Withum as the Company's independent public accountant for such fiscal year, effective immediately. Concurrently, the Audit Committee approved the dismissal of EisnerAmper as the Company's independent public accountant, also effective immediately.

In connection with the audit of the Company's financial statements for the fiscal year ended January 3, 2026 and through April 29, 2026, there were no disagreements with EisnerAmper on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreement(s), if not resolved to the satisfaction of EisnerAmper, would have caused it to make reference to the subject matter of such disagreement(s) in connection with its report. During the same period, there were no reportable events as defined in Item 304(a)(1)(v) of Regulation S-K, except for the communication by EisnerAmper, in connection with its report on the consolidated financial statements of the Company and subsidiaries for the fiscal year ended January 3, 2026, of the following material weaknesses: (i) Company management did not design and maintain effective internal controls at the entity level and over business process cycles; (ii) Company management did not design or maintain sufficient documentation during its management review controls across the Company's financial statement areas; (iii) Company management did not design and maintain effective controls related to the Company's risk assessment and monitoring activities, including controls to periodically evaluate financial reporting risks and monitor the effectiveness of internal controls over financial reporting; and (iv) Company management did not retain sufficient documentation to evidence the design and implementation of controls over the change management and logical access cycles for its timekeeping systems.

Except in connection with Withum's service as the Company's independent public auditors for prior fiscal years, as noted above, the Company did not, during the two most recent fiscal years and through April 29, 2026, consult with Withum regarding either the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the financial statements of the Company, or regarding any matters or reportable events described in Items 304(a)(2)(i) or (ii) of Regulation S-K.

A copy of EisnerAmper's letter related to the change in auditors, dated May 4, 2026, is filed as an exhibit to the 8-K.

Fees Billed by EisnerAmper related to fiscal 2025

Audit Fees. Fees billed to the Company by Eisner for audit services rendered by Eisner for the audit of the Company's 2025 annual financial statements (including the audit of internal control over financial reporting), for the review of those financial statements included in the Company's Quarterly Reports on Form 10-Q for the fiscal quarters ended June 28, 2025 and September 27, 2025, for services that are normally provided by Eisner in connection with statutory and regulatory filings or engagements, totaled approximately $410,000.

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Audit-Related Fees. Fees billed to the Company by Eisner for fiscal 2025 for audit-related services that were reasonably related to the performance of the audit or review of the Company's financial statements and are not reported under the preceding paragraph totaled $444,044.

Tax Fees. Fees billed to the Company by Eisner for fiscal 2025 for professional services rendered for tax compliance, tax advice and tax planning totaled $0.

All Other Fees. Other fees billed to the Company by Eisner were $0 for fiscal 2025. Eisner does not audit the Company's 401(k) plan.

The Audit Committee has considered whether Eisner's provision of services other than professional services rendered for the audit and review of our financial statements is compatible with maintaining Eisner's independence and has determined that it is so compatible.

All audit, audit-related, tax and other services were pre-approved by the Audit Committee pursuant to applicable regulations. The Audit Committee currently pre-approves all engagements of the Company's accountants to provide both audit and non-audit services and has not established formal pre-approval policies or procedures. The Audit Committee did not approve any non-audit services pursuant to Rule 2-01 (c) (7) (i) (C) of Regulation S-X for fiscal 2025.

Fees Billed by Withum related to fiscal 2024

Audit Fees. Fees billed to the Company by Withum for audit services rendered by Withum for the audit of the Company's 2024 annual financial statements (including the audit of internal control over financial reporting), for the review of those financial statements included in the Company's Quarterly Reports on Form 10-Q, and for services that are normally provided by Withum in connection with statutory and regulatory filings or engagements, totaled approximately $547,500.

Audit-Related Fees. Fees billed to the Company by Withum during 2024 for audit-related services that were reasonably related to the performance of the audit or review of the Company's financial statements and are not reported under the preceding paragraph totaled $83,300.

Tax Fees. Fees billed to the Company by Withum during 2024 for professional services rendered for tax compliance, tax advice and tax planning totaled $0.

All Other Fees. Other fees billed to the Company by Withum were $22,500 for 2024. Withum does not audit the Company's 401(k) plan.

The Audit Committee has considered whether Withum's provision of services other than professional services rendered for the audit and review of our financial statements is compatible with maintaining Withum's independence and has determined that it is so compatible.

All audit, audit-related, tax and other services were pre-approved by the Audit Committee pursuant to applicable regulations. The Audit Committee currently pre-approves all engagements of the Company's accountants to provide both audit and non-audit services and has not established formal pre-approval policies or procedures. The Audit Committee did not approve any non-audit services pursuant to Rule 2-01 (c) (7) (i) (C) of Regulation S-X during fiscal 2024.

YOUR BOARD OF DIRECTORS RECOMMENDS A VOTE FOR THE RATIFICATION AND APPROVAL OF THE SELECTION BY OUR AUDIT COMMITTEE OF WITHUM AS OUR INDEPENDENT ACCOUNTANTS FOR FISCAL 2026.

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REPORT OF THE AUDIT COMMITTEE

The following Report of the Audit Committee does not constitute soliciting material and should not be deemed filed or incorporated by reference into any other Company filing under the Securities Act of 1933 or the Securities Exchange Act of 1934, except to the extent the Company specifically incorporates this Report by reference therein.

As part of its oversight of the Company's financial statements, the Audit Committee reviewed and discussed with both management and the Company's outside auditors all financial statements prior to their issuance. Management advised the Committee in each case that all financial statements were prepared in accordance with generally accepted accounting principles and reviewed significant accounting issues with the Committee. These reviews included discussion with the outside auditors of matters required to be discussed pursuant to Public Company Accounting Oversight Board Auditing Standard No. 16.

The Committee also discussed matters relating to the independence of both EisnerAmper and Withum, including a review of audit and non-audit fees and the written disclosures made and letter given to the Committee pursuant to the applicable requirements of the Public Company Accounting Oversight Board regarding the independent accountant's communications with the Audit Committee concerning independence.

In addition, the Committee reviewed major initiatives and programs aimed at strengthening the effectiveness of the Company's internal control structure. As part of this process, the Committee continued to monitor the scope and adequacy of the Company's internal auditing program, reviewing staffing levels and steps taken to implement recommended improvements in internal procedures and controls.

Taking all of these reviews and discussions into account, the Committee recommended to the Board of Directors that the Board approve the inclusion of the Company's audited financial statements in the Company's Annual Report on Form 10-K for the fiscal year ended January 3, 2026 for filing with the Securities and Exchange Commission.

Audit Committee

Chigozie O. Amadi (Chair)

Swarna Srinivas Kakodkar

Jayanth S. Komarneni

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PROPOSAL 3

ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION

Under the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act") and Section 14A of the Exchange Act, our stockholders are entitled to vote to approve, on an advisory basis, the compensation of our named executive officers as disclosed in this proxy statement in accordance with the rules of the Commission. This vote is not intended to address any specific item of compensation, but rather the overall compensation of our named executive officers and the philosophy, policies and practices described in this proxy statement.

The compensation of our named executive officers subject to the vote is disclosed in the Compensation Discussion and Analysis, the compensation tables, and the related narrative disclosure contained in this proxy statement. As discussed in the Compensation Discussion and Analysis, we believe that our compensation policies and decisions are designed to reward strong annual operating performance by the Company.

Accordingly, your Board is asking stockholders to indicate their support for the compensation of our named executive officers as described in this proxy statement by casting a non-binding, advisory vote "FOR" the following resolution:

"RESOLVED, that the stockholders approve, on an advisory basis, the compensation of the Company's named executive officers, as disclosed pursuant to Item 402 of Regulation S-K, including the Compensation Discussion and Analysis, compensation tables and narrative discussion, in the Company's Proxy Statement for the 2026 Annual Meeting of Stockholders.

Because the vote on this proposal is advisory in nature, it will not affect any compensation already paid or awarded to any named executive officer and will not be binding on or overrule any decisions by the Compensation Committee or the Board. Nevertheless, the views expressed by stockholders, whether through this vote or otherwise, are important to Company management and your Board and, accordingly, your Board and the Compensation Committee intend to consider the results of this vote in making determinations in the future regarding executive compensation arrangements. Your advisory vote serves as an additional tool to guide the Compensation Committee and your Board in continuing to align the Company's executive compensation program with the interests of the Company and its stockholders and is consistent with our commitment to high standards of corporate governance.

This vote is not intended to express a view on any specific element of pay, but rather the overall compensation program and philosophy for our named executive officers described in the Compensation Discussion and Analysis, the accompanying compensation tables, and the related narrative disclosure as set forth in the "Executive Compensation" section of this proxy statement. We encourage you to carefully review these disclosures and to indicate your support for our named executive officer compensation program.

YOUR BOARD UNANIMOUSLY RECOMMENDS THAT STOCKHOLDERS VOTE FOR APPROVAL OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS AS PRESENTED IN THIS PROXY STATEMENT.

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STOCKHOLDER PROPOSALS

We have two separate and distinct processes concerning the submission of stockholder proposals:

Proposals to be Included in Our Proxy Statement

Pursuant to Rule 14a-8 under the Securities Exchange Act of 1934, proposals by stockholders that are intended for inclusion in our proxy statement and proxy card and to be presented at our 2027 annual meeting of stockholders must be received by us by July 15, 2027, in order to be considered for inclusion in our proxy materials. Such proposals should be addressed to our Secretary and may be included in next year's proxy materials if they comply with certain rules and regulations of the Commission governing stockholder proposals.

Advance Notice Procedures

If a stockholder desires to make a proposal for consideration at an annual meeting of our stockholders or nominate someone for election to your Board, the stockholder must follow the applicable procedures under law or as outlined in our Bylaws. Our Bylaws provide that in order to make a proposal or nominate someone for election to your Board at an annual meeting of stockholders, written notice of the proposal or nomination must be received by the Corporate Secretary of RCM not more than 120 days or less than 90 days prior to that year's annual meeting of stockholders. The notice must contain information required by our Bylaws regarding the stockholder and the proposal or nominee, as well as information required to be included in a proxy statement by the rules and regulations of the Commission.

Stockholders are also advised to review our Bylaws, which contain additional requirements about advance notice of proposals and director nominations, including the information that must accompany any such stockholder notice.

Accordingly, in order for a stockholder proposal or nomination to be considered at the 2027 annual meeting of stockholders, a written notice of the proposal or the nomination, which includes the information required by our bylaws, must be received by the Corporate Secretary of RCM at the principal executive offices of RCM no earlier than August 19, 2027 and no later than September 18, 2027 (assuming that the 2027 annual meeting of stockholders is held on December 17, 2027, the anniversary of the 2026 Annual Meeting). To comply with the universal proxy rules, notices of stockholder nominations for election as director must set forth the information required by Rule 14a-19 under the Exchange Act.

In addition, if we do not receive notice of your stockholder proposal by September 18, 2027, the proposal will be deemed "untimely" for purposes of Rule 14a-4(c) of the Securities Exchange Act of 1934 and the persons named as proxies in next year's proxy materials will be entitled to vote in their discretion with respect to the proposal.

A copy of the full text of our Bylaw provisions may be obtained upon written request to the Corporate Secretary of RCM at our principal place of business.

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OTHER MATTERS

Your Board does not intend to present any business at the 2026 Annual Meeting other than the matters described in this proxy statement. If any other matters are properly presented for action at the 2026 Annual Meeting, it is intended that the proxy will be voted with respect thereto by the proxy holders in accordance with the instructions and at the discretion of your Board or a properly authorized committee thereof.

By Order of the Board of Directors,
Kevin D. Miller
Secretary

November 12, 2026

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